Global equity managers milked the buoyant markets again in February, putting the turmoil of 2011 behind them with some very strong returns for a second month running.
Two of the RAB Capital funds led the pack in February. RAB Special Situations made 11.98% last month, giving it a YTD gain of 20.90% and sending it narrowly back into the black on a 12-month basis. RAB Octane made 10.38% on the month and is up 21.04% YTD, reducing its 12-month loss to 10.46%.
Other high performers included the UC Fund (up 8.86% in February and up 11.66% YTD), Global